Title: Placed in Service Rules Update

Show Notes:

• Lentine v. Commissioner, T.C. Docket No. 12443-21 (March 25, 2025)

• Treasury Regulation 1.167(a)-10: https://www.law.cornell.edu/cfr/text/26/1.167(a)-10

• Treasury Regulation 1.46-3: https://www.law.cornell.edu/cfr/text/26/1.46-3

About The Essential Tax Podcast:

In each episode of The Essential Tax Podcast, MishkinSanta takes on the complex world of tax — all the jargon, acronyms, and stuffthat makes your eyes glaze over, and explains it in an impactful way tounderstand the complex and unknown areas.

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